Robinhood Stock Slides Ahead of Feb. 10 Earnings as a $230 “Double” Case Circulates
Robinhood shares fell 7.4% to $110.83 in late New York trading Thursday as investors focused on the company’s upcoming earnings report, due Feb. 10 after the close. Analysts expect quarterly earnings near $0.58 per share, with revenue up 31.7% to $1.33 billion. The stock has surged 183% over the past year but dropped after the company raised its expense guidance last quarter.